When is the Dangote Refinery IPO scheduled to open, and what is its expected fundraising target?

The Dangote Refinery IPO is scheduled to open in the next 10 to 12 days, as stated by Aliko Dangote during his visit to Botswana. The offering is expected to raise about $5 billion, which could make it the largest IPO on the African continent.

What is the current operational capacity of the Dangote Refinery, and what are its expansion plans?

The refinery has reached full nameplate capacity of 650,000 barrels per day in February and has already tested output at 700,000 barrels per day; Dangote aims to double its capacity to 1.4 million barrels per day.

Dangote Refinery IPO Set to Open Within Days

Sep 3, 2026

Dangote Group announced its flagship refinery IPO will open in 10-12 days, aiming to raise $5 billion. The company also plans capacity expansion to 1.4 million barrels per day and a new refinery project in Kenya.

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